NOT LISTED FOR SALE

1622 E River Rd Olean, NY 14760

Estimated Value: $45,000 - $102,000

3 Beds
1 Bath
992 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $17,000 $17 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $604/month

34 Days on Market

Highlights

  • 0.47 Acre Lot
  • 1 Car Detached Garage
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of February 2013

Priced Right!!Bring you hammer, 3 bedroom ranch home, some updates started but waiting for your final touches.

Last Agent to Sell the Property

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 09/11/2012

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 180 x 114

Home Design

  • Block Foundation

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Dirt Driveway

Location

  • Flood Zone Lot

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 046600-103-002-0002-030-001-0000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Age: 57
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 33600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 180
  • Lot Dimension Front: 114
  • Lot Information: Flood Zone, Neighborhood Street
  • L P Per Acre: 52978.7200
  • List Price per Sq Ft: 25.1008
  • Nearest Cross Street: Steam Valley
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 36170.21
  • Ratio Close Price By Sq Ft: 17.14
  • Ratio List Price By Acres: 52978.72
  • Ratio List Price By Sq Ft: 25.10
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1020
  • Sale Price List Price: 0.6827
  • S P Per Acre: 36170.2100
  • S P Per Sq Ft: 17.1400
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 24900.00
  • Year Built Description: Existing
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: From Olean, York street to e river road, property on the right.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 992

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.4700

Garage/Parking

  • Driveway Description: Dirt, Shared
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Electric, Oil
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 046600-103-002-0002-030-001-0000

Tax Info

  • Total Taxes: 1740

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jan 30, 2013
Sold by
Miles Thomas E
Bought by
Painter Thomas
Seller's Agent
Lynda Hood
No Office Affiliation
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$24,900
Sold Price
$17,000
Premium/Discount to List
-$7,900
-31.73%
Current Estimated Value
$84,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,066
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Jul 27, 2012
Sold by
Miles Thomas E
Bought by
Nationstar Mortgage Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Painter Thomas $17,000 --
Nationstar Mortgage Llc $49,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2013 02/01/13 Sold $17,000 -31.7% $17 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $24,900 -- $25 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,930 $18,720 $3,300 $15,420
2023 $1,124 $18,720 $3,300 $15,420
2022 $1,104 $18,720 $3,300 $15,420
2021 $1,075 $18,720 $3,300 $15,420
2020 $1,085 $18,720 $3,300 $15,420
2019 $577 $18,720 $3,300 $15,420
2018 $1,085 $18,720 $3,300 $15,420
2017 $1,609 $18,720 $3,300 $15,420
2016 $999 $18,720 $3,300 $15,420
2015 -- $18,720 $3,300 $15,420
2014 -- $18,720 $3,300 $15,420
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lynda Hood

    No Office Affiliation

  • Karen Redding

    Buyer's Agent in 2013

    Karen Redding

    Real Estate Pros & More

    (716) 359-6808

    19 in this area

    26 Total Sales

    Karen Redding
    Section Image
See All Agents

Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B416264

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-002-0002-030-001-0000

New York Cattaraugus County Olean 14760

1622 E River Rd, Olean, NY

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes